Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.1% APRnext payment −$0.24 per $10,000 · paid last 24h −0.051%
Price spread now: Aftermath Perps against Phoenix−0.099%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Aftermath Perps is 0.099% cheaper against Phoenix than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SPCX | 152.60 | 0.0210 | pay 0.0026% / 1h | 10m 59s | $448K | $268K | 15x |
| Short | Aftermath Perps SPCXUSD | 152.45 | 0.0018 | get 0.0002% / 1h | 10m 59s | $7K | $7K | 10x |
Phoenix SPCX
Aftermath Perps SPCXUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phoenix. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$40.39
- Price spread: −0.099% → 0.000%
- −$9.89
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$66.27
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 21 min ago; Aftermath Perps: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phoenix live order book, 21 min ago | 0.33 bp | 7.6 bp −$8 | 26.1 bp −$261 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPCX on 38 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0187% / S +0.0435% | 1h | 152.50 | −0.069% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.57 | −0.020% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.70 | +0.066% | $30.5M | $43.2M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.66 | +0.039% | $96.2M | $32.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.73 | +0.085% | $31.1M | $66.7M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.48 | −0.079% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.80 | +0.131% | $8K | $843K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.63 | +0.020% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSDshort | +0.0018% | 1h | 152.45 | −0.099% | $7K | $7K | 10x | |
| Lighter SPCX | +0.0032% | 1h | 152.64 | +0.026% | $1.6M | $7.4M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Lighter SPCXShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.59 | −0.007% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.58 | −0.013% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.53 | −0.046% | $102K | $295K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.59 | −0.007% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.59 | −0.007% | $129.7M | $130.0M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.53 | −0.046% | $489K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.64 | +0.026% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.60 | 0.000% | $530K | $365K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.51 | −0.059% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0058% | 8h | 152.59 | −0.008% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0087% | 8h | 152.49 | −0.070% | $5.9M | $2.7M | — | as long as short |
| Nado SPCX-PERP | +0.0100% | 1h | 152.54 | −0.041% | $633K | $810K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.54 | −0.039% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.53 | −0.046% | $13.0M | $5.8M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.48 | −0.079% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.65 | +0.033% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.61 | +0.004% | $89 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0109% | 8h | 152.69 | +0.059% | $253.2M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0112% | 1h | 152.63 | +0.022% | $723K | $5.4M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0115% | 8h | 152.75 | +0.098% | $39.3M | $168.5M | 75x | as long as short |
| Bullet SPCX-USD | +0.0115% | 1h | 152.58 | −0.011% | $11K | $192K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0143% | 1h | 152.64 | +0.026% | $83K | $1.4M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.62 | +0.013% | $381K | $507K | 20x | as long as short |
| Phoenix SPCXlong | +0.0210% | 1h | 152.60 | long leg | $448K | $268K | 15x | |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.45 | −0.098% | $689K | $1.0M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0379% | 4h | 152.56 | −0.025% | $1.7M | $891K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0400% | 8h | 152.83 | +0.152% | $19.0M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.78 | +0.118% | $9K | $28K | 5.5x | as long as short |
Lighter RH SPCX
QFEX SPCX-USD
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Variational Omni SPCX
Nado SPCX-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
Deribit SPCX_USDC-PERPETUAL
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP